Blogs

  a.Description of specific assets, their location, and if applicable, such specific identification as serial or other control/code numbers. b.To keep better con...

Categories of Goods & Services under VAT in UAE. The UAE is going to implement a 5% VAT from 1st January 2018. VAT is a type of general consumption tax that is collected incrementally, based on the...

Register for VAT in the UAE VAT in the UAE is taking its course of action from 1st January 2018 at a minimal rate of 5%. It is compulsory for businesses to register for VAT in the fourth quarter of the year...

VAT Impact on Property Sector in the UAE? The property sector is one of the important industries that must be given extra care while implementing VAT in the UAE. A slight increase of 5% price by way of VAT c...

Inventory Evaluation Process Disclosure of the accurate value of inventory is very important for a business organization to give a true and fair picture of the financial position as well as the profit/...

Case Studies that UAE Traders Need to Know About VAT Transactions UAE is going to implement VAT by 1st Jan 2018. The business community is eager to know its impact on their business. To understand the impact of  ...

Beginners Guide to VAT on Online Trading With the introduction of  VAT in the UAE, it is expected to cross thirty-five billion AED businesses through e-commerce by the year 2018 in the...

UAE Excise Tax Law- An Overview Excise Tax will be introduced in the fourth quarter of 2017 of the year 2017 in the United Arab Emirates, under the framework of the unified agreement between the GCC countries. The other GCC Member Stat...

Incorporation of VAT in the GCC The unofficial English version of the GCC Unified Agreement on Value Added Tax (GCC UAVAT) is being issued; as the Arabic version of GCC, UAVAT has been publicized by the Saudi Official Gazette. The GCC...

Dubai Silicon Oasis Authority Dubai Silicon Oasis Authority, a 100% government-owned free zone that promotes modern technology-based industries with the urban master-planned community, state-of-the-art infrastructure, and in-house busi...